• Demystifying AI Integration in Compliance: Insights from the DOJ

  • Nov 22 2024
  • Length: 17 mins
  • Podcast

Demystifying AI Integration in Compliance: Insights from the DOJ

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  • Summary

  • What is the role of Artificial Intelligence in compliance? What about Machine Learning? Are you using ChatGPT? These questions are but three of the many questions we will explore in this cutting edge podcast series, Compliance and AI, hosted by Tom Fox, the award-winning Voice of Compliance. In this episode, Tom reflects on recent DOJ speeches on AI and the 2024 ECCP revisions concerning AI and compliance. We discuss the September speech by Deputy Assistant Attorney General Nicole Argentieri and the 2024 Evaluation of Corporate Compliance Programs (ECCP), Tom unpacks how compliance professionals are expected to rigorously manage AI-related risks. He offers actionable steps, such as conducting comprehensive risk assessments, implementing robust compliance controls, and ensuring ongoing monitoring and employee training. This episode is essential listening for compliance professionals aiming to stay ahead of AI-related challenges and align with the DOJ’s latest expectations. Key Highlights · DOJ's New Approach to AI in Compliance · Steps to Align Compliance Programs with DOJ Expectations · 2024 ECCP: Key Questions for Compliance Professionals · Proactive Strategies for Managing AI Risks Resources For additional information check out the FCPA Compliance and Ethics Blog. Tom Fox Instagram Facebook YouTube Twitter LinkedIn
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